Question: Please prepare a hypothetical tax calculation based on the different type of entities given the same amount of taxable income. What would the client tax

Please prepare a hypothetical tax calculation based on the different type of entities given the same amount of taxable income.

  • What would the client tax liability look like if the entity was a C Corp, an S Corp, or a sole proprietorship?
  • Prepare a hypothetical tax return, using software, as either a C or S Corp based on your determination of which would be better for this client.

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